How do I handle returned items on an unpaid invoice?

Legacy KB ID: 174

Question

How do I handle returned items on an unpaid invoice?

Answer

If you have a customer who is returning items from an unpaid invoice, you may want to void the invoice instead of deleting it to keep complete records of all sales. If the customer is returning items but there are items remaining on the invoice, you can create a credit memo to record the returned item.


To void a sales form:


1) From the Customer menu, choose Create Invoices and Click Prev. until you find the invoice you want to void OR In the Chart of Accounts, select your Accounts Receivable account, and choose Use Register from the Banking menu button. Scroll though the register to find the invoice you want to void.

2) From the Edit menu, choose Void Invoice. Reckon Accounts changes the amounts on the sale to zero and enters "Void" in the Memo field.

3) Click OK in the Create Invoices window, or Record in the Accounts Receivable register.


To record a return:


1) From the Customers menu, choose Create Adjustment Notes.

2) Fill in the window, entering the returned items in the line-item area. Reckon Accounts decreases the income accounts of the invoice items by the amount of the return.

3) Click OK. Reckon Accounts enters a negative amount in your A/R register for the credit memo.

4) (Optional) To print the credit memo, click the Print button.


Need more help?

Ask the Reckon Community at: https://community.reckon.com/categories/reckonaccounts

Or Log a Support Ticket: https://www.reckon.com/au/support/

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